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Building C - 99 Fwy Multi-Tenant 2234-2236 Girard St 8,913 SF 100% Leased Office Building Delano, CA 93215 $2,999,000 ($336.47/SF) 7.75% Cap Rate
Investment Highlights
- 100% Occupied Retail Center | Recent Renewal | Long Term Tenants | Only Social Security Office in 20 Miles
- Oil, Natural Gas, Renewable Energy, Agriculture Economy | Strong Demographics In 3-Mile Area
- Prime Accessibility | Dense Retail Trade Area | Direct Access to State Highway 99 (53,500 VPD)
Executive Summary
• 3-Tenant Internet Resistant Service Based retail center with Social Security Office, Dentist Practice, and small 250 SF Massage Therapist
• Only Social Security Office within a 20-Mile Radius
• Recent Renewals - Social Security Office recently extended a 5-year renewal through 2029 - Comprehensive Dentistry just early renewed through 2032
• Long Term Occupancy for both main Tenants - Comprehensive Dentistry since 2001 (24-years) and Social Security Office since 2009 (16-years)
• Only Social Security Office within a 20-Mile Radius
• Recent Renewals - Social Security Office recently extended a 5-year renewal through 2029 - Comprehensive Dentistry just early renewed through 2032
• Long Term Occupancy for both main Tenants - Comprehensive Dentistry since 2001 (24-years) and Social Security Office since 2009 (16-years)
Property Facts
Sale Type
Investment
Property Type
Building Size
8,913 SF
Building Class
B
Year Built
1999
Price
$2,999,000
Price Per SF
$336.47
Cap Rate
7.75%
NOI
$232,475
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,913 SF
Building FAR
0.30
Lot Size
0.69 AC
Zoning
G-C - General Commercial
Parking
10 Spaces (1.12 Spaces per 1,000 SF Leased)
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Massage Therapist
- Services
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99,999 SF
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- -
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- Public Administration
- -
- -
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Lorem Ipsum
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Jan 0000
The Social Security Administration began as the Social Security Board in 1935 under the Social Security Act and later adopted its current name in 1946. The agency administers Social Security retirement, disability, and survivors benefits, and it also supports Medicare-related services, identity records, and other public-facing programs through online and in-person channels. Social Security remains a major federal service provider, with a nationwide role that reaches Americans across life stages from first-number issuance to benefit delivery and account management.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Massage Therapist | Services | 99,999 SF | - | - | - | |
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Public Administration | - | - | Lorem Ipsum | Jan 0000 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 410-070-35-00-2 | Improvements Assessment | $367,200 |
| Land Assessment | $1,519,800 | Total Assessment | $1,887,000 |
Property Taxes
Parcel Number
410-070-35-00-2
Land Assessment
$1,519,800
Improvements Assessment
$367,200
Total Assessment
$1,887,000
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Building C - 99 Fwy Multi-Tenant | 2234-2236 Girard St